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Illinois Tool Works

887 hedge funds and large institutions have $25.8B invested in Illinois Tool Works in 2014 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 250 increasing their positions, 390 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 38

33% more call options, than puts

Call options by funds: $84.5M | Put options by funds: $63.5M

3% more funds holding

Funds holding: 863887 (+24)

1.65% less ownership

Funds ownership: 76.32%74.67% (-1.6%)

9% less funds holding in top 10

Funds holding in top 10: 2220 (-2)

9% less capital invested

Capital invested by funds: $28.5B → $25.8B (-$2.67B)

36% less repeat investments, than reductions

Existing positions increased: 250 | Existing positions reduced: 390

Holders
887
Holders Change
+24
Holders Change %
+2.78%
% of All Funds
25.61%
Holding in Top 10
20
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.09%
% of All Funds
0.58%
New
75
Increased
250
Reduced
390
Closed
38
Calls
$84.5M
Puts
$63.5M
Net Calls
+$21M
Net Calls Change
+$92.3M
Name Holding Trade Value Shares
Change
Change in
Stake
DILH
401
Dai-ichi Life Holdings
Japan
$2.27M -$182K -2,247 -7%
GCP
402
GSA Capital Partners
United Kingdom
$2.27M +$1.95M +24,061 +626%
GG
403
Gofen & Glossberg
Illinois
$2.25M +$36K +445 +2%
Zurich Cantonal Bank
404
Zurich Cantonal Bank
Switzerland
$2.25M +$282K +3,483 +14%
BF
405
BOK Financial
Oklahoma
$2.23M -$353K -4,367 -14%
TBA
406
Tower Bridge Advisors
Pennsylvania
$2.22M -$40.5K -500 -2%
EHWM
407
Eads & Heald Wealth Management
Georgia
$2.2M -$26.5K -327 -1%
TMAM
408
Tokio Marine Asset Management
Japan
$2.18M -$80.9K -1,000 -4%
NCCM
409
Nine Chapters Capital Management
New Jersey
$2.08M +$2.07M +25,600 New
MIU
410
Man Investments (UK)
United Kingdom
$2.07M -$185K -2,290 -8%
DY
411
Dowling & Yahnke
California
$2.07M +$66.3K +820 +3%
NB
412
NBT Bank
New York
$2.06M -$88.6K -1,095 -4%
LPL Financial
413
LPL Financial
California
$2.05M +$44.9K +555 +2%
FAB
414
First American Bank
Illinois
$2.04M
CII
415
CR Intrinsic Investors
Connecticut
$2.03M -$1.21M -15,000 -38%
Toronto Dominion Bank
416
Toronto Dominion Bank
Ontario, Canada
$2.02M -$289K -3,577 -13%
HAI
417
Hennessy Advisors Inc
California
$2.02M +$2.01M +24,800 New
RGC
418
Roberts, Glore & Co
Illinois
$1.99M -$28.3K -350 -1%
SM
419
Stratton Management
Pennsylvania
$1.98M
CIS
420
Connors Investor Services
Pennsylvania
$1.95M
MIM
421
Miller Investment Management
Pennsylvania
$1.95M
CIA
422
Choate Investment Advisors
Massachusetts
$1.92M -$197K -2,435 -9%
PSI
423
Pinnacle Summer Investments
Virginia
$1.9M -$83.7K -1,034 -4%
AssetMark Inc
424
AssetMark Inc
California
$1.89M -$40.5K -501 -2%
MFBTD
425
MB Financial Bank - Trust Department
Illinois
$1.87M -$12.5K -154 -0.7%

ITW Hedge Fund Activity: Q1 2014 in Review

887 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Illinois Tool Works (ITW) for Q1 2014, worth a combined $25.8B — down 9.4% from $28.5B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new ITW positions and 38 closed out — a net gain of 37 holders — while 250 added to existing stakes and 390 trimmed.

The largest buyer was Adage Capital Partners, adding an estimated $236M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $572M.

  • 887 institutional investors held Illinois Tool Works (ITW) as of Q1 2014, up from 863 in Q4 2013.
  • Funds reported $25.8B of Illinois Tool Works stock for Q1 2014, down 9.4% quarter-over-quarter.
  • 75 funds opened new Illinois Tool Works positions in Q1 2014 and 38 closed out, a net change of +37 holders.
  • The largest Illinois Tool Works buyer in Q1 2014 was Adage Capital Partners, an estimated $236M added.
  • The largest Illinois Tool Works seller in Q1 2014 was Barrow, Hanley, Mewhinney & Strauss, an estimated $572M sold.

Based on aggregated 13F filings for Q1 2014.